Coon Rapids, MN


Highest Appreciating Coon Rapids Neighborhoods Since 2000

Coon Rapids, MN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Coon Rapids Housing Market Information

With 62,240 people, 24,111 houses or apartments, and a median cost of homes of $210,886, Coon Rapids real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Coon Rapids, accounting for 62.13% of the city's housing units. Other types of housing that are prevalent in Coon Rapids include row houses and other attached homes ( 19.08%), large apartment complexes or high rise apartments ( 15.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.57%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Coon Rapids. Owner-occupied housing accounts for 75.33% of Coon Rapids's homes, and 58.33% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Coon Rapids built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Coon Rapids built between 1940-1969 ( 26.07%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.62%).

Coon Rapids Home Appreciation Rates

Coon Rapids's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Coon Rapids during the period has been just -1.37%, which is lower than 80% of US communities.

Appreciation rates are so strong in Coon Rapids that despite a nationwide downturn in the housing market, Coon Rapids real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Coon Rapids appreciation rates continue to be some of the highest in America, at 6.98%, which is higher than appreciation rates in 81.22% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Coon Rapids. Coon Rapids appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.89%.

Relative to Minnesota, our data show that Coon Rapids's latest annual appreciation rate is higher than 80% of the other cities and towns in Minnesota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Coon Rapids differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Coon Rapids - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Coon Rapids real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,228,000 0.3
$921,001 - $1,228,000 0.1
$614,001 - $921,000 0.2
$491,001 - $614,000 0.8
$368,001 - $491,000 4.7
$246,001 - $368,000 21.0
$123,001 - $246,000 61.5
$61,001 - $123,000 7.9
$0 - $61,000 3.5

High for MN
High for Nation

Value Relative to Nation Value Relative to State
29.7023321223485 35.7289527720739

Number Of Homes And Apartments:

Coon Rapids Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
27.35% 1.41% 3 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,350 / per month

Homeownership Rate

Owners 75.33
Renters 24.67
Vacant 2.48

Housing Market Details


Age of Homes

AGE OF Coon Rapids HOMES
2000 or Newer 8.6
1970 - 1999 64.4
1940 - 1969 26.1
1939 or Older 0.9

Types of Homes

Single-Family 62.1
Townhomes 19.1
Small Apt. Buildings 1.6
Apt. Complexes 15.9
Mobile Homes 1.3
Other 0.0

Home Size

No Bedroom 1.02
1 Bedroom 6.10
2 Bedrooms 29.83
3 Bedrooms 36.97
4 Bedrooms 21.37
5 or more bedrooms 4.72